BlackStone Futures is an established forex broker located in South Africa. Through its years of operation, it has built up a positive reputation and caters for a variety of traders despite their trading needs, objectives, trading experience, or style of trading. The broker offers a wide variety of financial instruments through both the MetaTrader 4 trading platform along with its own in-house CloudTrade platform. BlackStone Futures also represents Trade Nation, which is a multinational broker regulated in several jurisdictions, including South Africa. Equipped with transparent trading fees which are competitive and offers a variety of reliable payment methods for both deposits and withdrawals.
Is Blackstone Futures Regulated？
Blackstone Futures is a well-regulated STP broker that is based in South Africa and strictly regulated by the FSCA, ASIC, and SCB.
Blackstone Futures is now Trade Nation Group as of December 2021, which is a multi regulated forex broker including with Tier-1 regulations FCA & ASIC.
Trade Nation group is also regulated with FSCA, but the issuer of the product is regulated under Securities Commission of The Bahamas (SCB), which is an offshore regulation.
Is Blackstone Futures safe to trade with？
When a broker has won numerous awards and indicates such on their website, it often instills more confidence in the broker as an industry leader and provides it with a good reputation in its solutions and services provision. Additionally, When traders evaluate brokers, regulation is one of the most crucial components that must be considered.
All Regulated brokers are expected to comply with stringent rules and regulations set by regulatory entities and through this, client fund security can be ensured. The activities of regulated brokers are also overseen by such entities to ensure that there is no fraud or foul play, and to ensure that traders are always protected against such activities.
Blackstone Futures (Pty) Limited represents Trade Union (Pty) Limited which is an authorized Financial Services Provider, or FSP.
Blackstone Futures offers a wide variety of financial instruments through both the MetaTrader 4 trading platform along with its own proprietary CloudTrade platform.
Blackstone Futures offers traders two account types namely a ZAR and a USD account. These accounts allow traders to trade minimum position sizes from 0.01 lots. The minimum deposit requirement is 1,000 ZAR and traders have access to leverage of up to 1:400 despite the size of the account.
The broker also offers transparent margin rates which depend on the trading platform, the financial instrument being traded, and the market conditions. Blackstone Futures is a true Straight Through Processing (STP), broker which means that traders are offered with ECN-like spreads.
Blackstone Futures makes provision for the following payment methods which can be used for deposits and withdrawals:
• Local deposits/transfer options offered by bans such as ABSA bank, Standard Bank, FNB, and others.
• Ozow
• Wirecard, and
• Credit/Debit Cards
Blackstone Futures does not charge any deposit or withdrawal fees, but traders may be subjected to transaction fees, charged by their bank. Transaction times may vary depending on the payment method used.
Featured platforms are available on MetaTrader 4 and their very own CloudTrade trading platform. Meta Trader 4 is the most popular trading platform in the industry and the preferred platform by most traders having excellent features together with high customizability and user-friendliness and Is supported on windows, iOS and Android operating systems.
Blackstone Futures own CloudTrade in-house trading platform. It was designed to provide traders with an appropriate trading experience and is easy to use. The charting package of CloudTrade provided is powerful and comprehensive and provides an adequate number of capabilities. The platform allows for instant execution of market orders and it provides several resting order types. CloudTrade can be accessed either through traders web browsers or it can be downloaded and used on mobile devices that support Android and iOS.
Beginner traders receive strong educational support, including weekly webinars and in-person seminars, trading courses, platform insights, a variety of trading articles, written trading educational content as well as an economic calendar for you to browse through if you are looking to expand your knowledge with Blackstone Futures around South Africa, in addition to customer service available on weekends.
